Skretting Norway still a top performer after being named PwC climate winner three years in a row

Previously, PwC named individual companies as climate winners – a title Skretting held for the past three years. However, this year, instead of a ranking, PwC aims to provide a comprehensive overview of the transition efforts within Norwegian business sectors.

In the food and retail sector, only Skretting – along with salmon farmers SalMar, Mowi and Lerøy, plus consumer goods group Orkla – has sufficient data showing reductions in absolute emissions over time. Once again, the seafood industry demonstrates that it takes climate action seriously and delivers results.

Nearly halving its greenhouse gas (HG) emissions of its feed production

PwC evaluates whether the companies can show real emissions cuts over the past three years and demonstrate transparent, clear and consistent climate reporting. In 2024, Skretting Norway lowered its feed GHG emissions by an impressive 46% over the base year 2020, mainly through changes to raw material production.

As part of Nutreco’s climate and circularity pillar, Skretting is committed to working together with partners at every stage of the value chain to reduce our collective environmental impact. "For a number of years, Skretting has worked purposefully together with raw material suppliers and producers. This is work that we continue unabated. We have entered into new and long-term partnership agreements with our customers that will equip us to reduce our emissions even further. This achievement would not have been possible without our customers, who have demanded action and have put resources behind their sustainability work," said Skjæveland.

Skjæveland was recently appointed to the steering group for a national social mission aimed at ensuring all feed for farmed fish and livestock comes from sustainable sources by 2034. He also represents Skretting in the Raw Materials Promise, which joined forces with the feed industry in the "Blue-Green Feed Forum" in June.

Building on strong emissions reduction results with green electric power agreements

Skretting Norway made great strides in 2024 to reduce total GHG emissions. Despite increasing production by 5.3% last year, the business line was able to reduce total emissions by 7.2%. Teams at Skretting Norway are already planning how to continue this trajectory, even as they keep growing the business.

"Increased production makes it more difficult to achieve the commitments contained in the Paris Agreement. Production growth means that we have to compensate and cut even more. We are, therefore, incredibly proud to retain our position as one of the best companies in Norway, but we need to continue to cut emissions," said Skjæveland.

While the majority of Skretting’s climate efforts are directed towards raw materials, the business line also continues to reduce the GHG emissions of its own factories. "Nutreco’s decision that all the electricity should come from renewable sources, if possible, helps us achieve these good results. Green energy is still more expensive, but it is an additional cost that comes with our climate commitments to ourselves and our customers," said Skjæveland.